According 451 Research's Cloud-Enabling Technologies (CET) Market Monitor & Forecast service, the application container market will explode over the next five years. Annual revenue is expected to increase by 4x, growing from $749m in 2016 to more than $3.4bn by 2021, representing a CAGR of 35%.

New vendors are emerging rapidly, while the largest players in the industry are prioritizing support of Docker and other container technologies, projects and customers. Vendors are aggressively competing to fill enterprise gaps such as management and orchestration, data services, security and networking ‚Äì as the market grows and containerized applications increasingly move beyond evaluations, testing and development and into production.

Access more analysis of the application container space and related markets in the latest Market Monitor and Forecast for Cloud-Enabling Technologies, which identifies, sizes and segments revenue from 291 participating vendors with an estimate and forecast for the market based on a bottom-up analysis of each vendor. This Market Monitor CET report provides updated market and vendor estimates through Q4 2016.